Eight months after activist investor Daniel Loeb’s Third Point Management first pressed for Sony to separate its electronics business from its entertainment assets, people are still wondering what his endgame is.

In November, Third Point announced that it had taken a $1 billion stake in Softbank, a Japan-based telecom.

Softbank, which made an unsuccessful bid for Vivendi’s Universal Music Group, is said by many to covet Sony’s entertainment assets.

Some entertainment-industry analysts believe SoftBank — especially with the Loeb link — could be a possible partner for Sony.

“We’ve seen a lot of value in the sum of the parts between entertainment and electronics and think its worth a lot more than where it is [today],” Loeb told The Post last week.

Sony’s US shares are down 18 percent over the last six months. They closed Friday at $17.80, down 1.6 percent.

While Loeb has been supportive of Sony’s turnaround and cost-cutting efforts, one observer said the investor is “just waiting for them to trip up.”